Q1 brings signs of FMCG recovery, helped by tax breaks and easing inflation

Companies faced inflationary pressures last fiscal year, especially after prices of edible oils jumped following the government’s move in September to increase the basic customs duty on various edible oils to protect domestic producers. India relies heavily on imported edible oils.

​Companies faced inflationary pressures last fiscal year, especially after prices of edible oils jumped following the government’s move in September to increase the basic customs duty on various edible oils to protect domestic producers. India relies heavily on imported edible oils.